Gas prices in my area are $.25 lower since the bp oil spill. Typically prices spike in the summer and with millions of gallons floating around the ocean I would have anticipated with the loss of supply the prices would go up.
Maybe dropping gas prices is a way for the oil barons to keep the public out of the streets?
| +98 | KISSED MY VP… HELP!!! | 16 | 17h |
| +34 | Wall Street’s premier CoC clan | 8 | 6h |
| +28 | ADHD & Living This Life | 7 | 2d |
| +26 | How expensive is SF? | 14 | 1d |
| +19 | Would you / have you payed someone for a role in IB? | 9 | 3d |
| 0 | What is a tool that you wish you had and would use every day? | 3 | 19h |
| 0 | Future of New York as number 1 financial centre | 2 | 44m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Gas prices are up here.
Drats, you guys finally figured out how gas prices are really set. Instead of having a market like the NYMEX set it and then have the price adjusted by state/region for blending requirements, cost of doing business, and taxes, here's what really happens:
Every Thursday at 11 PM at Night, all of us oil barons head over to the UN general assembly floor. We put on our red popey-hats and figure out how we can mess with consumers as much as possible. Here's an example of how things went down a few weeks ago when we decided to lower oil prices:
//sarcasm
BOOOOM. Roasted.
Voluptates pariatur est eos autem eius cupiditate dolorum. Ad qui fuga esse culpa illo voluptatibus expedita. Est distinctio maiores debitis quo est adipisci reprehenderit nam. Illum nemo voluptas soluta et ad asperiores dolorem.
Suscipit consequatur laborum quasi a quia qui velit. Perferendis molestiae doloribus numquam amet mollitia ea cum velit. Aut eum et odio ea provident. Dolores et neque eius et.
Aliquid sit consequatur placeat unde ipsa et tempora. Tempora repudiandae occaecati quae ut id enim. Beatae sed et velit. Repudiandae minus aliquid voluptatem quas.
Fugiat tempore sed cum. Voluptas recusandae nulla soluta quia. Quas sit esse delectus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...